This is a consumer product that enables customers to acquire building materials, consumable goods and real estate with the exibility of a monthly payment plan. It is financed under cost plus structure where the Bank purchases the goods identified by the customer and sells same to the customer at a mark-up. Payment is usually on monthly basis from the customer's salary for a period of up to 36 months.
- Salary domiciliation
- For Purchase of various tangible goods (Building Materials etc.)
- Maximum of 24 months tenor
- Flexibility to meet individual needs